KEY INDUSTRY INSIGHTS

Radiography is a vital part of diagnostic imaging in veterinary medicine. Veterinary Radiography is an imaging procedure in which the majority of diagnostic & therapeutic images are produced in veterinary practice. Other imaging technologies such as Magnetic Resonance Imaging (MRI), ultrasonography, Computerized Tomography (CT), and atomic imaging are accessible in specialty practices and academic centers. Veterinary Radiography is effortless, and sedation is regularly desirable to reduce uneasiness.

Veterinary Radiography gives a gigantic sum of data by noninvasive implies and are classified into Computed Radiography (CR) and Coordinate Advanced Radiography (DDR). Computed radiography (CR) cassette requires a semiconductor plate. These semiconductor plates are uncovered within the usual mold and are studied electronically inside an uncommon reader. Coordinate advanced radiography contains a cesium iodide scintillator cluster that assimilates the x-rays. According to the Equine Veterinary Journal in 2017, the oro-dental disease has been seen more prominent in Egyptian horses. 45.3% of horses have moderate oro-dental disease, and 8.4% were found to have severe oro-dental disease.

Rising prevalence of severe injuries along with painful diseases, like arthritis, periodontal diseases, and cancer in animals such as cats, dogs, and horses as well as livestock animals such as cattle, swine, etc. is projected to drive the growth of the global veterinary radiography systems market. Also, growing expenditure on animal health, pet insurance, increase in demand for veterinary diagnosis, and demand for effective solutions to improve livestock productivity are likely to drive the global veterinary radiography systems market during the forecast period.

However, lack of proper opportunities to enable veterinarians to be more technologically advanced is a major factor restraining the growth of the global veterinary radiography systems market. Additionally, the high cost associated with veterinary healthcare practice is also a factor restraining the growth of the global veterinary radiography systems market.

· Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa)

Among the segmentation of global veterinary radiography systems market, digital radiography accounts for a larger share owing to its convenience, accuracy, and easy accessibility. This segment is also expected to show higher growth during the forecast period.

Key Insights

Regional Analysis

Geographically, the global veterinary radiography systems market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Among the region, North America dominated the veterinary radiography systems market in 2017. Increasing demand for the adoption of pet animals coupled with rising demand for veterinary equipment, growing animal health expenditure, and increased focus on the betterment of veterinary services and research centers are expected to drive the market in this region. Asia Pacific is anticipated to register higher growth during the forecast period 2019-2026, owing to growing awareness related to animal health among the population, and initiatives taken by the government and private organizations for better animal health. Additionally, rising veterinary healthcare expenditures in emerging countries such as China and India are contributing to the growth of veterinary radiography systems market in the Asia Pacific region.

Key Industry Developments

In July 2018, MyVet Imaging Inc., announced the launch of MYVET CT I3DSL, a spiral linear CT system that delivers superior soft tissue image contrast with 3D reconstruction of soft tissue structures.